Orange Money Compliance Department Head Job Description
– (2200009Z)

Description

Main missions & activities

Design and implement the Compliance

 

system Deploy, update and communicate the Orange Money compliance policy in line with the requirements of local regulations and the directives of the Group’s compliance policy
Design and implement the compliance system for the Orange Money activity in application of the group’s strategy, in close collaboration with the operational departments of the company and covering in particular the activities carried out by the Payment Institution as well as the activities delegated to partners; design and set up, in particular, an appropriate and effective vigilance system
Proceed with the transposition of regulatory provisions related to compliance in the internal tools and procedures of the Payment Institution
Ensure the updating of all documentation impacted by legal and regulatory changes (policies, procedures , contracts, training, etc.)

 

 

Manage the non-compliance risk mapping work and identify the risk management systems and action plans to be put in place in close collaboration with the Control and Risk Management Department
Ensure the implementation of a control plan specific to the risks of non-compliance in close collaboration with the Risk, Audit and Performance Department of the Payment Institution and covering the activities carried out by the Payment Institution as well as outsourced services; coordinate, if necessary, the control missions related to the risks of non-compliance (Audit of the supervisory authority for example)
Carry out (or contribute to) control missions on Orange Money activities in relation to the control plan defined by the head internal control department)
Implement controls on risky steps in the processes
Monitor the controls put in place and the procedures for processing banking transactions via an alert reporting system with indicators such as the error rate, deadlines, etc.
Collect incidents related to non-compliance risks
Alert management and governance bodies (general management, board of directors, management committees, audit committee, group governance bodies) to emerging issues (e.g. regulatory changes)
Establish and maintain close collaboration with the Control and Risk Management Department of the EME and the group as well as with the level 3 control teams
Organize and coordinate the reporting (General Management, Board of Directors, group), monitoring and prevention tools of the compliance

 

 

system Guarantee the reliability, integrity and consistency of the information transmitted to the various control and supervisory authorities ( Financial investigation unit, Central Bank, etc.)
Validate the compliance of new Orange Money (TTM) products or services in relation to the Risk Control and Management Manager, as well as new business relationships (partner due diligence)
Advise employees, partners, decision-makers on any question relating to the compliance of the Orange Money activity or service (in particular on any question relating to the risks of money laundering and terrorist financing)
Supervise and coordinate the operational compliance activities (in particular those supported by the CECOM or the client/agent back office teams)
Contribute to the regulatory watch system on the scope of Orange Money activities
Be the main player in the fight against money laundering, the financing of terrorism and proliferation

 

Put in place an equipped AML/CFT mechanism
Organize and supervise the AML/CFT alert processing system
Organize and coordinate the reinforced supervision of all the most sensitive business relationships (customers / agents / partners of Orange Money) in a logic of Know your Customer (KYC) / Know your Agent (KYA)
Check the compliance of partners with laws, regulations and professional standards
Validate the most sensitive files in the fight against money laundering and the financing of terrorism (LAB-FT) and inform the competent authorities in the event of suspicion of money laundering
Organize and coordinate training in the attention of Orange Money employees and partners in order to raise their awareness of compliance requirements
Define and lead the anti-fraud policy

Define and implement a fraud prevention plan
Ensure awareness of the risks of fraud
Guarantee the protection of personal data

Ensure compliance with regulatory requirements on the protection of personal data
Design and implement a consumer protection system in accordance with local regulations and international standards
Carry out the transposition of regulatory provisions related to consumer protection in the internal tools and procedures of the Payment Institution
Ensure the application of the Orange Group’s ethical rules

Ensure the deployment of the Group’s ethical rules within the structure
Manage conflicts of interest

Define and deploy a conflict of interest management policy in accordance with Orange group directives
Supervise the implementation of actions deployed in the context of conflict management
Ensure security

Ensure the definition of security policies
Ensure the implementation of security requirements
Ensure compliance of systems with regulatory security requirements
Ensure that Systems are upgraded to the best security standards
Manage relations with regulators

Establish and maintain ongoing dialogue with the authorities supervisory authority (Central Bank in particular)
Represent Orange Money when summoned by regulators
Ensuring team management

Deciding on the allocation of means / resources (human, financial, material, etc.) for Orange Money service compliance activities
Ensuring the proper management of the resources made available

Qualifications

Training: Bac+5 minimum of type Studies Business superiors with professional qualifications in compliance, internal audit, legal or risk management

Experience: 5 years of experience, including a minimum of 2 years in a position of responsibility in compliance or risk management; desired experience in a financial services company

Main location: CM-Littoral
Places of work: Site Liberté Akwa Boulevard de la liberté Douala 1864
Job: Client
Organization: Orange Cameroon
: CDI
: Permanent
Type of contract: Executive

Apply ONLY online via the Internet link whose address is: https://orangecameroun.taleo.net/careersection/ex/joblist.ftl